Thursday, June 19, 2025

Business

June Inflation falls to 1.7% 

The country’s annual inflation rate eased to 1.7 percent in June from 1.9 percent in May, remaining below the central bank’s 3 to 6...
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Inside Letshego’s leadership drain

Letshego Africa Holdings Limited, a leading microlender listed on the Botswana Stock Exchange (BSE), continues to grapple with a persistent exodus of key personnel....
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Beef industry eyes growth as BMC rolls new export deal

The Botswana Meat Commission’s (BMC) recent dispatch of beef samples to the Democratic Republic of Congo (DRC) under a $4 million export deal has...
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Boko announces Botswana’s first commodities exchange platform 

President Duma Boko has announced the creation of the Botswana Mercantile Exchange (BMX), a commodities trading platform aimed at deepening the country’s role in...
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BSB expects triple-digit profit growth

Botswana Savings Bank (BSB) Limited is expecting its profit after tax for the period ended March 31, 2025, to rise sharply to between P71...
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BTCL forecasts strong FY:2025 upturn 

BSE-quoted Botswana Telecommunications Corporation Limited (BTCL) is poised for a profit surge in the financial year ended March 31, 2025. The teleco’s latest trading...
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Debswana Cuts spark Botswana economic fears

Debswana Diamond Company, the linchpin of Botswana’s diamond-driven economy, has rolled out aggressive cost-cutting measures to weather a brutal downturn in the global diamond...
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Former De Beers chiefs eye return as Anglo American prepares for disposal 

Former De Beers executives are circling the diamond giant they once led, as parent company Anglo American prepares to offload its 85 percent stake....
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Reserves drained, Debt nears ceiling, now Botswana scrambles for cash

Botswana’s government is grappling with its most severe cash flow crisis in modern memory, as a prolonged downturn in the diamond market pushes the...
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Botswana’s $53mn debt-to-equity swap at Minergy sets stage for pivotal talks

The privately owned coal producer Minergy Ltd said it is negotiating a material transaction, nearly two months after state-owned investors moved to convert over...
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